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Construction of coastal protection infrastructure: AFD signs a 22.9 billion FCFA agreement with Togo

13/09/2023
Source : ORISHAS FINANCE
Categories: Companies

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Last Friday, September 8, a credit agreement was signed in Lomé for the construction of coastal protection infrastructure on the 7-kilometer stretch of coastline from Gbodjomé to Agbodrafo. The agreement was signed between the Minister of Economy and Finance, Sani Yaya, the French Ambassador to Togo, Augustin Favereau, and the Director of the French Development Agency (AFD) in Togo, Mrs. Zolika

Bouabdallah.

L'AFD met à la disposition de l' Etat togolais à travers la convention signé le vendredi dernier un montant de 35 millions d' euros soit 22,9 milliards de FCFA sous forme de prêt bonifié, qui vient compléter le programme mise en œuvre par la Banque mondiale . This is WACA ResLP Togo, a West African coastal management program. The program also includes strengthening the political and institutional framework for coastal zone management in Togo, in particular by supporting sectoral ministries, setting up an early warning system and supporting the national coastal observatory. According to Minister Yaya, the Togolese government is making the fight against coastal erosion a major priority through the implementation of its 2020-2025 roadmap

.
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